Acquisition of Bates IT by ITM Communications, backed by Aliter Capital LLP

Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryTechnology
Client nameAliter Capital LLP
Aliter Capital LLP, the private equity buy and build specialist in the UK support services sector, has provided further capital to its portfolio company to complete the acquisition of Bates IT, an Essex based provider of ICT support for the NHS.

Established in 1961, Bates IT operates across the UK, delivering a wide range of ICT managed and support services to critical UK ICT infrastructure, with a core focus on customers in the private and public healthcare sector. The company has built and maintained a sector specialist services pedigree in ICT infrastructure and networking, providing a range of tailor-made manged services to the UK Healthcare sector.

BDO provided financial due diligence on the acquisition.

The project team included:
Transaction Services: Craig Martin, Amer Hussain, Ailsa Thomson
Tax: Martin Bell